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07:00 < kanzure> "Compact confidential transactions" http://voxelsoft.com/dev/cct.pdf
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08:45 < andytoshi> kanzure: https://bitcointalk.org/index.php?topic=1085436.0 talks about compact CT ... the end of that thread i think is pretty optimistic, but gmaxwell and i have been talking to the author recently about some new problems with it and im much less optimistic now
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09:13 < MRL-Relay> [tacotime] andytoshi: yeah, i figured that was the case because there's been a lot of quiet about it. does the computational complexity of it make it generally infeasible?
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09:17 < andytoshi> tacotime: no, i think it's feasible, and possibly faster than normal CT (it's hard to compare when it requires such a large curve and we don't have an optimal candidate)
09:17 < andytoshi> tacotime: i think it's actually not zero-knowledge
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09:18 < MRL-Relay> [tacotime] oh. that's a bigger issue.
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10:11 < kanzure> andytoshi: thanks for the link
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10:43 < testturk> hey
10:43 < testturk> is there any way to buy cheap btc
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10:45 < belcher> testturk try in #bitcoin or # bitcoin-otc
10:45 < testturk> hey
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18:40 < nsh> 'You select a factoid that you would like us to certify. We check that factoid, create a record of it that you can refer to later, and issue you a cryptographically-signed certificate that attests to that factoid. We can optionally record the certificate on the Bitcoin blockchain. ' -- http://virtual-notary.org/
18:42 < nsh> 'The Virtual Notary hashes are 64 bytes long but the Bitcoin output scripts allow us to embed only 40 bytes per transaction and hence two transactions are made every 24 hours to embed all 64 bytes of the hash. The output scripts in the transaction corresponding to the value of 0.0001BTC has the Virtual Notary hash embedded. The first 24 bytes of the Virtual Notary hash are prefixed with 16 '0's in the first transaction and the remaining 40 bytes of the h
18:42 < nsh> ash appear as part of the second transaction.'
18:46 < MRL-Relay> [tacotime] Why didn't they just use a 32-byte hash
18:47 < MRL-Relay> [tacotime] Well I mean it's aside the point now with an 80 byte standard
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18:52 < gmaxwell> Incompetence?
18:53 < MRL-Relay> [tacotime] :) It just seems so odd though
18:53 < MRL-Relay> [tacotime] If you can figure out how to make a transaction with an OP_RETURN tagged output, you'd think they'd know about the existence of a 256-bit hash.
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19:20 < bramc> When in doubt, add another tool to your toolchain
19:23  * nsh smiles
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19:33 < bramc> I'm working on a new puzzle and I had to do to make it was write a script for it, write a program to compile my script into regular openscad, and use two different drawing programs.
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19:36 < nsh> what kinda puzzle?
19:39 < bramc> nsh, It's a mechanical take-apart puzzle, I invent these things. A few of them are in mass production.
19:41 < bramc> This one looks like a cake so I got ambitious and wrote 'Happy Birthday' on the top of it (it's 3d printed, so it needed depth like icing)
19:44 < nsh> oh, neat
19:44 < nsh> when you said puzzle, i just assumed software
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19:44 < nsh> software and brainache and human tragedy are basically semantically identical in my head at this stage
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23:48 < maaku> tacotime: the bigger question is why they decided to put a hash in the chain at all
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--- Log closed Sun Sep 27 00:00:39 2015